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Loncor Gold Inc T.LN

Alternate Symbol(s):  LONCF

Loncor Gold Inc. is a Canadian gold exploration company. The Company is focused on projects within an approximately 480 square kilometers (km2) area on the Ngayu Greenstone Belt in the Northeast of The Democratic Republic of the Congo (the DRC). The area is located over 220 kilometers southwest of the Kibali gold mine, which is operated by Barrick Gold (Congo) SARL. It owns or controls a contiguous block of 46 exploration permits covering an area of over 13,000 km2 to the northwest of Lake Edward in North Kivu province. The Adumbi gold deposit is found within the Company’s 84.68% owned Imbo Project area. At the Imbo Project, the Adumbi deposit holds an indicated mineral resource of 1.88 million ounces of gold, and the Adumbi deposit and two neighboring deposits hold an inferred mineral resource of approximately 2.090 million ounces of gold with 84.68% of these resources being attributable to the Company.


TSX:LN - Post by User

Post by nozzpackon May 12, 2022 4:13pm
98 Views
Post# 34679282

Russian Ruble Shows Fate of Manipulated Gold , USD

Russian Ruble Shows Fate of Manipulated Gold , USDWe only see on a daily basis the manipulated paper price of gold which is just 10% of the real price of gold.
Fort Knox has not been audited since 1952 and presumed to have had all of its gold stolen.

But, look at what backing your currency with real asset values...gold, oil and other real value commodities ...as opposed to fiat which is all debt based, valued on nothing more than the price of paper and ink.

The Russian Ruble is an exemplar example of what an asset backed currency is capable of despite desperate sanctions by the clown world of Davos/ NATO / US.

https://www.bloomberg.com/news/articles/2022-05-11/russian-ruble-surpasses-brazilian-real-as-world-s-best-currency

Value always energies and tulips wil be just tulips.

Buy gold stocks at these give away prices,..the future is coming
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